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            • Oil Market Report - June 2026

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            • Sheltering From Oil Shocks

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              Fuel report — 20 March 2026

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              All content Reports Data & Tools News & Events
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                • Energy system

                CO2 Capture and Utilisation

                Country and regional highlights
                CCUS and synthetic fuel policies are being strengthened in the United States and Europe
                CO2 emissions
                CO2 use can bring important climate benefits, but with caveats
                Activity
                CO2 use for synthetic fuels remains the leading new utilisation route
                Technology installation and infrastructure
                CCU supply chains can benefit from synergies with fossil-based synthetic fuel production and CCS
                Innovation
                Policy
                Investment
                Venture capital investment in CCU continues to grow

                Picture of barrels containing methanol
                • Country

                Mali

                In recent years, the rate of access to electricity in Mali has surpassed 25%, thanks to a public focus on mini-grid solutions. The government of Mali now plans to increase hybridisation of its mini-grids by adding PV capacity to diesel power plants. In 2019, Mali’s energy mix was dominated by biofuels and wastes (65%) and oil products (32%), with coal and hydro accounting for the rest. In 2020, less than 5% of the population had access to clean cooking and 52% had access to electricity. For electricity access, the country targets 70% access by 2025, 80% by…

                • OverviewOverview
                • Energy mixEnergy mix
                • EmissionsEmissions
                • ElectricityElectricity
                • + 5 pages

                Mali Flag
                • Country

                Belgium

                Belgium’s energy policy is focused on transitioning to a low-carbon economy while ensuring energy security, lowering costs for consumers and increasing market competition. Belgium has made progress on these goals, notably as a global leader in offshore wind. The country is also seeing a rapid uptake of electric vehicles. However, Belgium remains reliant on fossil fuels and more aggressive policies are needed accelerate emissions reductions, especially for the industry sector.

                • OverviewOverview
                • Energy mixEnergy mix
                • EmissionsEmissions
                • ElectricityElectricity
                • + 5 pages

                Belgium Flag
                • Commentary

                • 09 Jun 2026

                The energy crisis creates even stronger impetus for EU electrification

                draft title Electrification is central to meeting the European Union’s goals on energy security, competitiveness, affordability, and emissions reductions. The closure of the Strait of Hormuz has highlighted the risks of over-dependence on imported fuels and concentrated supply routes, making the case for electrification even stronger.In the EU, around 70% of electricity generation is already supplied from domestic, low-emissions sources. And yet end-users (industry, buildings and transport sectors), source less than one quarter of their energy consumption from electricity. Today, around two-thirds of end-use energy consumption relies on fossil fuels, of which the…

                • Fuel report

                • May 2025

                Global Methane Tracker 2025 Understanding methane emissionsUnderstanding methane emissions

                …present explosion risks. The latest Global Methane Budget estimates annual global methane emissions to be around 610 Mt, with human activity responsible for almost two‑thirds of the total and natural sources accounting for the rest. IEA analysis suggests that the energy sector was responsible for around 145 Mt of methane emissions in 2024 – more than 35% of the total amount attributable to human activity. Oil operations were responsible for around 45 Mt, natural gas operations for nearly 35 Mt, and abandoned wells for around 3 Mt. An additional 2 Mt of methane leaked from end-use equipment. Coal accounted for…

                • Key findingsKey findings
                • Understanding methane emissionsUnderstanding methane emissions
                • PoliciesPolicies
                • Accelerating industry actionAccelerating industry action
                • + 2 pages

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                • Report

                • Jun 2025

                Energy security

                …driven by strong energy efficiency improvements in the industrial sector. Meanwhile, in Japan the strongest reductions were in oil imports, due to some of the most stringent fuel economy standards both for passenger and commercial vehicles.  A closer look at electricity security Energy efficiency and demand response policies can also contribute to electricity security by reducing the risk of outages resulting from peak demand.Different programmes have demonstrated success in reducing peak electricity demand and preventing outages. Studies in the United Kingdom and the United States show that real-time feedback and pre-event communications lead to reductions in consumption…

                Energy Security
                • Contributor

                David Martin

                Senior Oil Market Analyst.

                • Report

                • Nov 2025

                Global Energy and Climate Model Understanding GEC Model scenariosUnderstanding GEC Model scenarios

                …The Current Policies Scenario (CPS) and the Stated Policies Scenario (STEPS) are exploratory, in that they define a set of starting conditions, such as policies and targets, and see where they lead based on model representations of energy systems that reflect market dynamics and technological progress.In addition, we include three scenarios that have normative elements relating to energy access or the achievement of various goals related to emissions. This means that these scenarios work toward a defined outcome and map out a way to achieve it. The Accelerating Clean Cooking and Electricity Services Scenario (ACCESS) - an additional scenario included…

                • Understanding GEC Model scenariosUnderstanding GEC Model scenarios
                • Current Policies Scenario (CPS)Current Policies Scenario (CPS)
                • Stated Policies Scenario (STEPS)Stated Policies Scenario (STEPS)
                • Accelerating Clean Cooking and Electricity Services Scenario (ACCESS)Accelerating Clean Cooking and Electricity Services Scenario (ACCESS)
                • + 6 pages

                Gettyimages 162334856 Ext
                • Fuel report

                • Jun 2026

                Global Hydrogen Review 2026 ProductionProduction

                …any chance of being in operation by 2030 if investment decisions are not taken before the end of 2027.Electrolyser manufacturing is entering a consolidation phase, due to slow market development. China leads electrolysis manufacturing thanks to low costs and experience with large projects, but some signs of consolidation are also arising there, due to unsustainable domestic competition driven by excess capacity and offers below manufacturing costs. As a response, many manufacturers are looking to expand markets outside of China.In the near term, fossil-based production will remain less costly than renewable hydrogen in most parts of the world…

                • Executive summaryExecutive summary
                • Progress summary dashboardProgress summary dashboard
                • Key questions about hydrogenKey questions about hydrogen
                • DemandDemand
                • + 6 pages

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                • Report

                • Jun 2025

                Grid investments

                Multiple benefits of Energy Efficiency 2025 Energy efficiency provides multiple benefits. This page explores grid investments. Why is energy efficiency important for grid investments? As we enter the Age of Electricity, global electricity demand is rising rapidly – and so is the demand for the expansion of electricity grids. Energy efficiency can help close the gap between supply and demand, but often at a lower cost, and more quickly, than new generation and grid expansion. Key facts On average, energy efficiency costs less than half the amount it would cost to build new generation capacity and grid infrastructure, per unit of…

                Grid Investment
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